i like to do my analysis ahead of momentum. so for e.g. we cam see GBP pairs picking up momentum. i know its going up, so my analysis will be done around momentum waiting for price to break certain levels and then ill execute a break and retest strategy.
so in this case im going to wait for 4hr close above this resistance. i will then wait for a retest of broken HH, if i get any confirms that price is rejecting previous HH and wants to continue up, i will enter with a tight stoploss.


הערה
wait for 4hr close above resistance.
הערה
If you’re in this trade, don’t exit. Just move stops into tight profits
הערה
lovely trade, just 10pips risk for 47pips, if you had cancelled tp and move stops into tight profits, you would have still walked away with over 70pips.

entry- so price gave us confirms on the 30mins it showed us weak bearish signs at the zone,

alsooh i dont even go lower than 30min timeframe, 30min confirms are like heavenly ;) do not absolutely not use 15min confirms, you will get f###ed
הערה
added to spreadsheet
Beyond Technical AnalysisChart PatternsTrend Analysis

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